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Western philosophy has not been obsessing over "other". The only philosopher that has written extensively on that topic is Levinas, who collapses "other" into an analysis of infinity within the domain of ethics. What philosophy has been obsessing about over the last 60 or so years are mostly...

Change is not a phenomenon that is properly accounted for in the contemporary philosophical tradition. Contemporary analytic philosophy draws on Aristotelian theory of identity and predicate logic and as such it falls short in its ability to analyse phenomena which negate their self-identity...

The distinction that should be made here in order to make things intelligible again is the distinction between knowledge that follows from solving a problem in a negative sense and knowledge that follows from solving a problem in a positive sense. According to Popper the problem of induction has...

By denying any possibility of verification while maintaining the possibility of falsification. Karl Popper argued that there was a logical assymetry between those two judgments since you can't verify a universal claim by refering to finite experience but you can conclusively falsify an existing...

I never said that Soros doesn't approach the market deductively. I would also like to remark that I respect Soros as a philosopher. I've even cited The Alchemy of Finance in a philosophical paper I wrote on the possibility of identifying laws in the social sciences. Soros refers to his...

How do you differentiate between the wave counts without jumping perspectives? It appears to me that alot of Elliot Wave practitioners jump to an other perspective from which they count the wave formation in order to make it fit a pre-established position. In other words, how do you...

Well I'm done arguing with you as you're clearly not able the grasp the extent of the problem at hand. Someone mentioned earlier that Soros did a lot of philosophy. He certainly did. In fact his book "The New Paradigm for Financial Markets" reads somewhat like an undergraduate's paper from a...

Well he's just produced a scientific paper that seems usefull. What have you produced? Certainly not an answer to the problem of induction, you merely repreated yourself a few times without really adressing the problem at hand.

Thanks Jack, I've obtained a copy of the paper that you referred to. I'm going to work through it over the weekend. I did a quick skim of the paper and I like the authors' approach. My starting point is provided by philosophy. Deductive reasoning and model building is inherent to that subject...

Statistical analysis can never verify basic conclusions. At most it can be used to falsify conjunctions. The only way to adress the problem of induction as it relates to trading would indeed be to use variables that are endogenous to the market. They'd have to used in a way that constructs a...

Yes, philosophy can be whimsical. It's a broad subject and that's why I told to emphasize logic and philosophy of science. Logic is not whimsical, in fact an alternative to whimsicality presupposes logic. Law is something you need to understand once you start a hedgefund. Programming is a...

Philosophy, with an emphasis on logic and philosophy of science. Law, with an emphasis on financial and tax law. Forget anything that relates to statistics or quantative finance. The approach to the market that courses like those take are unable to surmount the problem of induction.

Financial regulation is ambiguously written and arbitrarily enforced. The FSA could probably fit this in with some regulatory article that vaguely states what it means to manipulate a market. Bottom line is: don't communicate your intention. There is no rational or dependable way to...

Wordwide capital streams have concentrated into Australia as a result of the resource boom so naturally they're experiencing a rising tide. Claiming that the Australian property market is a "bubble" is ridiculous speculation however. The property market in Australia has gone through a price...

A cyclical view of economic behaviour would yield the opposite conclusion: gold has its time and its place. Right now we're in an economic cycle where risk has been transfered from the private sphere to the public. This is resulting in a calling into question of government as a permanent force...

I've bought August gold for an average price of 1207 as it came out of last month's deleveraging cycle. I've seen some attempts have been made in this thread to asses the current valuation of gold by looking at it's increasing importance in public culture. Joe4422 attempts to do this...

I was in Rome in March and read a article in a local news paper that talked about Lazio's "debito occulte" or hidden debt. The municipality used a swap structure to mask a substantial sum of debt.

To my knowledge no academic has so far understood hyperinflation. In the literature it's either described as caused by an expansion in the money supply (Friedman and the monetarists) or just a bad case of inflation (pretty much every other school). Both are wrong. The only law that approaches...

Yes, it's fear mongering by folks who don't understand money and capital. The value of a fiat currency is tied to taxation. A government can ensure that there's always a demand for their paper currency by demanding that you pay your taxes in that currency. Hyperinflation can only occur if a...

Bonds (corporate and public) do not price in inflation. Money velocity has been trending down for the past three years and has only recently started to correct upwards. Inflation is essentially a byproduct of money velocity and not, as is often claimed, a product of an increase in the money...